Date: 14th November 2019 at 8:29am
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The acclaimed Rangers Tac Case site has returned to twitter today to challenge the latest fantasy report from The Times.

Based on a five months old report from liquidators BDO, The Times has found a magic money tree to convert an already in the public figure of £26m into upto £50m which has been enough to send the Daily Record and The Sun into overdrive.

Numerous facts and events have been conveniently swept aside to provide ‘substance’ to the great conspiracy theories that have been brewing since 2012 when the old club was put into administration followed by liquidation.

From 2000 the so-called Wee Tax Case was brewing, a bill of £2.8m from payments made to Tore Andre Flo and Ronald de Boer with neither the SFA or SPL taking any action over ineligible players getting disguised remuneration.

After being knocked out of the Champions League and Europa League qualifiers in August payments to HMRC from National Insurance and Income Tax was withheld.

Ticking away in the background was the so-called Big Tax Case as HMRC provided proof of disguised remuneration and applied Income Tax, National Insurance, penalties and interest to their calculations.

Since June 2012 BDO have been picking up fantastic fees as they attempt to recover funds for 276 creditors after Murray Park and Ibrox Stadium was sold off in a knock-down £5.5m deal.

The timing of this story appears to be an attempt to deflect away from the £10m funding problem for this season which will be added to in January when Sports Direct are repaid ‘many millions of pounds’ in damages.

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